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Finding Investment Advisors

Friday, December 15th, 2006

Where should you look for investment advice, if you’re not going to a full service broker?

A variety of choices are available.

  1. TV and news channels such as CNBC carry market reports, analyses and recommendations.
  2. Magazines like Forbes, Fortune and SmartMoney provide information about businesses.
  3. The Wall Street Journal is another good source of information
  4. Several web portals like Yahoo and MSN as well as specialty investing oriented sites like CNN Money and The Motley Fool provide advice
  5. There are also a variety of mailing groups and discussion boards available that allow people to share ideas and information

In fact, the problem today is not that information is scarce; rather, there’s a surfeit of it. Too much is as bad as too little, when it comes to investment decision making.

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